Allocable Surplus - Judgment Search Results

Commissioner of Income-tax, Gujarat Vs. Spunpipe and Construction Co. ...

Court: Gujarat

Reported in: [1965]55ITR68(Guj)

..... rs 1 78 024 against the price of rs 1 50 000 allocated to these items there was a surplus of rs 21 057 arrived at by deducting the price of rs ..... officer and the appellate assistant commissioner merely the figures of such surplus being different according to the method of calculation an allocation adopted by the income tax officer and the appellate assistant .....

City of Fresno Vs. California

Court: US Supreme Court

..... three times the project capital cost allocated to the delivery of municipal water this surplus together with that from project electric ..... energy would be used to pay project costs allocated to irrigation but ..... water amounted to 58 545 475 while project capital cost allocated to irrigation was 221 551 600 municipal water rates would .....

Arizona Vs. California

Court: US Supreme Court

..... the project act as abolishing state law and accepted principles of equitable apportionment in effecting allocations of water among the states a more detailed analysis will i believe demonstrate the incorrectness ..... tributaries belong exclusively to arizona thus if california is to obtain any excess or surplus waters the surplus must be flowing in the mainstream that is california can assert her right .....

The General Assurance Society Ltd. Vs. the Life Insurance Corporation ...

Court: Supreme Court of India

Reported in: AIR1964SC892; [1964]5SCR125

..... of claim claimed that the annual average of the surplus deemed to be allocated to the share holders was rs 29 125 2 ..... compensation payable to the insurer and the amount representing the capital allocable to the controlled business transferred to the corporation the common ..... we have rejected even if the apportionment was made the allocable assets and liabilities would cancel each other for both the .....

Commissioner of Income-tax Vs. Rohit Mills Ltd.

Court: Gujarat

Reported in: (1964)0GLR837; [1965]58ITR854(Guj)

..... of income tax where it was held that if the surplus amount is simply carried forward without the persons in requisite authority allocating it to any particular purpose as a reserve it ..... assessment a reserve is created only out of the whole or a part of the surplus profits as they are found to be in the hands of the company at the .....

Workmen of Joint Steamer Companies Vs. Joint Steamer Companies

Court: Supreme Court of India

Reported in: AIR1963SC1710; (1963)IILLJ349SC; [1964]3SCR456

..... receipts for the indian operations even such an approximation cannot possibly be applied to the allocation of the expenditure for the same vessel which carries traffic originating say in calcutta in ..... associated cement companies case 1959 illj644sc be applied it will be found that no available surplus for distribution of bonus remains in support of this case the companies submitted charts showing .....

Mohamed Zafrul Islam Vs. Birendra Lall

Court: Mumbai

Reported in: AIR1965Bom120; (1964)66BOMLR767; 1965MhLJ124

..... for transmission of postal articles what is charged is thus allocable to revenue the charges levied are not intended to be ..... as follows commercial character of the department and utilisation of surplus the p and t functions as a commercial department but ..... as follows commercial character of the department and utilisation of surplus the accounts of the posts and telegraphs department are maintained .....

Arizona Vs. California

Court: US Supreme Court

..... s 344 named in this subdivision d except in accordance with the allocations made herein provided however that such release may be made notwithstanding ..... of 7 500 000 acre feet such excess consumptive use is surplus and 50 thereof shall be apportioned for use in arizona and ..... the united states so contracts with nevada then 46 of such surplus shall be apportioned for use in arizona and 4 for use .....

Natesa Chetty Vs. M.K.R. Shanmuga Mudaliar

Court: Chennai

Reported in: (1963)1MLJ419

..... with the gold control rules if monies are realised the court should give direction for allocating the proceeds after deducting the expenses of sale first to the pledge and later to ..... the pledged article by the pawnee the judgment debtor will be entitled to receive the surplus of the sale proceeds after payment to the creditor this interest can certainly be attached .....

Rae (inspector of Taxes) Vs. Lazard Investment Company Limited

Court: House of Lords

..... in this distribution the respondents received 666 8532 bestwall shares free of cost and they allocated the original purchase price so that much the greater part was attributed to their bestwall ..... no satisfactory alternative to the view that if a foreign company chooses to distribute its surplus profit as dividend the nature and origin of those profits does not and cannot be .....